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Evan Greenberg is the only (re)insurance industry representative on the list of 200 executives who will advise on ending lockdowns.
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The regulator issued a notice after receiving complaints about insurers trying to dissuade policyholders from filing claims.
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Industry associations have declared a wide-ranging bill that would nullify virus exclusions as "unconstitutional".
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The Veraton Re vehicle is linked to Brad Chance, a North Carolina-based investor. -
Draft legislation indicates the scheme would be voluntary for carriers.
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South Carolina is the seventh state to mull legislation to make insurers to pay retrospectively BI claims resulting from Covid-19.
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The Brit subsidiary becomes the seventh specialist ILS member of the industry group.
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The bill is similar to legislation that was proposed in New Jersey earlier this month and then pulled out of consideration.
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A Blenheim director described the move as a principal steppingstone.
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The backstop is just one of many ideas being floated, as governments and insurers look to improve preparedness.
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The Hong Kong government is accelerating introduction of its ILS regime to boost its financial services industry.
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The California governor had opposed the package as he was concerned the company was taking on too much debt.
